interlakecapital.com

What It Is

Interlake Capital Management LLC is a U.S. investment advisory and fiduciary services firm founded in 2007. It serves individual/family investors, employer retirement plan sponsors, and 401(k) plan participants. It is important to note that it is not a payment gateway, acquirer, or cross-border payment provider, but rather an asset management, financial planning, and retirement plan advisory firm.

Core Capabilities

Its private client services include portfolio management, long-term financial planning, and retirement-related advice, with client assets custodied at Altruist. For employer retirement plans, Interlake emphasizes four modules: plan design, investment program management, participant advice, and operations and compliance. The company can serve as an ERISA Section 3(38) Investment Manager, outsourcing part of the investment decision-making responsibility from the plan sponsor. On the tools side, the text mentions Asset+Map, Right Capital, Fi360 Fiduciary Toolkit, Perseptiv/FiduciaryRx, as well as recordkeeping partners such as PCS, T. Rowe Price, Vanguard/Ascensus, and Vestwell.

Pricing

Interlake uses a fee-only model and does not receive commissions or product/platform-related revenue. Private clients are charged on a tiered AUM basis: 1.0% per year for the first $1 million, then declining to 0.8%, 0.6%, 0.4%, and 0.2%, with custom pricing above $10 million. Retirement plan services start at 0.5% per year, decreasing to 0.4% from $2 million and continuing to decline at larger asset levels, with custom pricing above $20 million. Plan fees can be deducted from plan assets or paid by the employer via quarterly invoices.

Pros and Cons

Its strengths include a clear fiduciary positioning, thorough fee disclosure, an emphasis on independence and low-cost investment solutions, and the ability to cover the full 401(k) plan workflow from design to compliance operations. For employers, a 3(38) arrangement can help reduce the burden of investment decision-making and ERISA compliance. The drawbacks are that the text does not disclose a specific regulatory registration number, so Form ADV should be reviewed for further verification; additionally, it does not provide payment acquiring, settlement and payout, merchant risk control, or API payment integration capabilities.

Who It’s For

It is suitable for U.S. individuals/families seeking long-term asset management and retirement planning, or U.S. companies looking to optimize 401(k) benefits and outsource investment fiduciary responsibilities. It is not suitable for merchants or platforms looking for payment processing capabilities like those offered by Stripe, Adyen, or PayPal.

Access from China

The text does not provide information about access from mainland China, Chinese-language support, or acceptance of cross-border clients. Website accessibility and service availability are therefore unknown.